Our Solar Program
The Recycle Depot went 100% solar-powered in 2020 through Wellspring Components. We get net metering from NIPSCO. As of 2022, our electric bill is $60 a month every month.
Depot Solar Fact Sheet
Physical structures
North Array
- System size: 16.79 kW
- Year 1 production = 19,452 kWh
- Ground-mounted array with 46 solar modules
- 1 inverter
West Array
- System size: 7.30 kW
- Year 1 production 8,448 kWh
- Ground-mounted array with 20 solar modules
- 1 inverter
Costs
Cost to Depot
- North Array ($34,923) + West Array ($16,141) = $51,064.00
- Actual price: $50,250.00 ($2.08 per watt)
- Payback Period
- North Array = 12.7 years
- West Array = 13.5 years
Cost Savings
- The Depot will save $297.00 on its electric bill every month
- The Depot will save $24,007.00 over the lifetime of the system, including purchase cost
- Monthly electric utility bill: $48.00 (combined)
- Year 1 Total Utility Costs = $576.00 (combined)